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Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors
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North Sea Crude-Forties slips, programmes in focus

Thu, 25th Feb 2021 17:35

LONDON, Feb 25 (Reuters) - North Sea Forties crude
differentials eased on Thursday while Brent and Ekofisk
differentials were steady.

NORTH SEA PROGRAMMES

* April loading programmes are being issued. Supply of the
five grades underpinning the dated Brent benchmark will average
about 780,000 barrels per day (bpd) in April, programmes showed,
steady from about 774,000 bpd in March.

PLATTS WINDOW

* Indications are on a free on board (FOB) basis unless
marked as cost, insurance and freight (CIF).

* Forties: Vitol sold to Trafigura a March 19-23 cargo at
dated Brent plus $1.20, down 5 cents from a similar offer on
Wednesday. On a FOB basis, according to Reuters calculations,
this equates to around plus 56 cents.

* Forties: Unipec bid at dated Brent plus 85 cents loading
March 7-16.

* Brent: Unipec bid for a March 7-20 cargo at dated Brent
plus 80 cents, in line with a bid on Wednesday.

* Ekofisk: Unipec bid for a March 8-20 cargo at dated Brent
plus 80 cents.
(Reporting by Alex lawler, Editing by Marguerita Choy)

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